The first quarter is over and the Loveland Colorado residential real estate market is a little mixed. The total number of resalehomes sold compaired to the same period last year is down -8%. However the medial sales price is up +3% and the average is flat at a -1%.
Bottom line is resale prices are holding desite volume being down a little. It will be interesting to see how the next three months come in.
New construction on the otherhand is still need a shot in the arm. Volume is down -46% and the median price is also down a -6%. A bright spot is that the average price is flat.
When compared to the rest of the country, I'm glad I live in Colorado!
Rob Proctor - Broker, At Home Realtors, http://www.at-home-realtors.com
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved